u/Lazy-Helicopter-0

I've been itching to get a Z06. Currently have the means to buy in cash (But I'd be starving after lol), but I can't seem to justify the cost over the long run.

Financially, I would love to know how you Z06, ZR1, and ZR1X folks do it as I assume most of you have established businesses and don't blink at the price tag.

Maybe there are a few "normal" folks with day jobs (not including doctors lol) that have supplemented their incomes enough to justify the purchase.

Love to hear your thoughts

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u/Lazy-Helicopter-0 — 16 days ago

How would you guys play a small Roth? (~$24K) There is an option to deploy $150K-$200K into a normal brokerage, however, the strategy would ideally be tested at the Roth level prior to deploying the main capital. Initial target is $500 a week, ultimate target would be $2,500-$5,000+ a week. Regarding growth, 401K is currently over six figures fully invested in large US equities.

Currently just selling CSPs weekly picking stocks based on share price (TQQQ, WFC, etc.) with really conservative deltas (0.15). No real strategy. It's worked for a few weeks so far but it feels like I'm playing Minesweeper, where the inevitable blow up happens. No real direction through earnings either, so I'm hesitant to enter any trades this week

There's always an option for ETFs like QQQI but still on the fence about the direction to go

Open to suggestions from you experienced folks out there with large accounts who have been successfully doing this for a while and are making crazy income.

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u/Lazy-Helicopter-0 — 17 days ago

With some of the biggest companies reporting earnings this week, what are your plays or thoughts? As a new wheeler, they say to never run the wheel on upcoming earnings, but these premiums on CSPs are juicy!

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u/Lazy-Helicopter-0 — 18 days ago